Immovable Properties Sofia REIT Sofia Balance Sheet Health
Financial Health criteria checks 2/6
Immovable Properties Sofia REIT Sofia has a total shareholder equity of BGN14.9M and total debt of BGN54.0M, which brings its debt-to-equity ratio to 361.9%. Its total assets and total liabilities are BGN70.3M and BGN55.4M respectively. Immovable Properties Sofia REIT Sofia's EBIT is BGN1.4M making its interest coverage ratio 1. It has cash and short-term investments of BGN321.0K.
Key information
361.9%
Debt to equity ratio
лв53.97m
Debt
Interest coverage ratio | 1x |
Cash | лв321.00k |
Equity | лв14.91m |
Total liabilities | лв55.41m |
Total assets | лв70.33m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NIS's short term assets (BGN24.4M) exceed its short term liabilities (BGN16.4M).
Long Term Liabilities: NIS's short term assets (BGN24.4M) do not cover its long term liabilities (BGN39.0M).
Debt to Equity History and Analysis
Debt Level: NIS's net debt to equity ratio (359.8%) is considered high.
Reducing Debt: NIS's debt to equity ratio has reduced from 558.4% to 361.9% over the past 5 years.
Debt Coverage: NIS's debt is not well covered by operating cash flow (1%).
Interest Coverage: NIS's interest payments on its debt are not well covered by EBIT (1x coverage).